KOSM board authorizes CEO to consider diversification strategies

11:00
August 8, 2024

August 08, 2024 (MLN): The Board of Directors (BoD) of Kohinoor Spinning Mills Limited (PSX: KOSM) has authorized the Chief Executive Officer (CEO) to consider proposals for business diversification and to take all steps necessary.

According to the company’s filing on PSX today, the agenda was approved by the board in their meeting held yesterday.

The board approved changes to the Memorandum of Association of the Company, amending it to conform with Table B of the First Schedule of the Companies Act, 2017. Additionally, it decided to adopt Table A of the First Schedule of the Companies Act, 2017, as the Articles of Association of the Company.

Importantly, it was decided to increase the company’s Authorized Share Capital from Rs2.2 billion to Rs3bn.

Copyright Mettis Link News

Posted on: 2024-08-08T10:47:46+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.10000	278.30000	278.30000	278.10000	05:16 PM
2	EUR	1.11402	1.11405	1.11405	1.11402	05:13 AM
3	GBP	1.32278	1.32284	1.32284	1.32278	05:13 AM
4	CHF	0.84346	0.84352	0.84352	0.84346	05:13 AM
5	JPY	140.48400	140.49600	140.49600	140.48400	05:13 AM
6	CAD	1.35805	1.35810	1.35810	1.35805	05:13 AM
7	AUD	0.67678	0.67680	0.67680	0.67678	05:13 AM
8	INR	83.72110	83.72580	83.72580	83.72110	05:13 AM
9	SAR	3.75310	3.75350	3.75350	3.75310	02:12 PM
10	AED	3.67270	3.67310	3.67310	3.67270	02:12 PM
11	HKD	7.79218	7.79237	7.79237	7.79218	05:13 AM
12	CNH	7.09522	7.09545	7.09545	7.09522	05:13 AM
13	CNY	7.09300	7.09440	7.09440	7.09300	08:51 PM
14	THB	33.23800	33.26200	33.26200	33.23800	05:13 AM
15	MYR	4.26150	4.26650	4.26650	4.26150	05:11 AM
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18	NZD	0.62088	0.62092	0.62092	0.62088	05:13 AM
19	MXN	19.25370	19.26130	19.26125	19.25369	05:12 AM
20	TRY	34.04520	34.05520	34.05520	34.04520	05:12 AM
21	SEK	10.15650	10.15790	10.15794	10.15649	05:13 AM
22	ZAR	17.62030	17.62490	17.62490	17.62030	05:13 AM
23	NOK	10.57160	10.57400	10.57396	10.57162	05:13 AM
24	DKK	6.69807	6.69863	6.69863	6.69807	05:12 AM
25	ARS	960.49900	960.50900	960.50940	960.49940	05:13 AM
26	BDT	117.86600	121.10200	121.10234	117.86599	12:42 AM
27	BHD	0.37688	0.37693	0.37693	0.37688	02:11 PM
28	BRL	5.50270	5.50570	5.50570	5.50270	05:11 AM
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30	KWD	0.30479	0.30489	0.30489	0.30479	02:12 PM
31	LKR	298.82400	305.11700	305.11705	298.82412	12:42 AM
32	OMR	0.38500	0.38505	0.38505	0.38500	01:23 PM
33	QAR	3.64500	3.64650	3.64650	3.64500	02:11 PM
34	RUB	91.39800	91.40610	91.40612	91.39804	05:12 AM
35	AFN	68.58390	70.38190	70.38189	68.58391	12:42 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:35 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.46000	15.46000	15.26000	08:00 PM
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40	PHP	55.60100	55.63100	55.63100	55.60100	05:13 AM
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43	KES	128.00000	130.00000	130.00000	128.00000	02:42 AM
44	AMD	359.95400	413.89300	413.89292	359.95379	12:42 AM
45	TWD	31.86000	31.86700	31.86700	31.86000	05:13 AM
46	XAU	2,576.34000	2,576.60000	2,576.60000	2,576.34000	05:12 AM
47	XAG	30.75020	30.75780	30.75780	30.75020	05:12 AM
48	XPT	981.66700	987.76000	984.90000	983.40000	02:12 PM
49	XPD	1,086.38000	1,093.27000	1,092.25000	1,087.25000	02:12 PM
2,120	VES	36.71910	36.73890	36.73888	36.71907	05:12 AM
2,212	UGX	3,674.15000	3,755.06000	3,755.06241	3,674.15372	12:42 AM
2,213	TZS	2,722.26000	2,722.29000	2,722.29300	2,722.26300	02:21 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	79,993.18	79,491.137	79,368.18	158.082	0.199	152,285,179.0	4,709,764,998.460	16/09/2024 04:15 PM
ALLSHR	51,652.53	51,243.052	51,212.81	86.402	0.169	535,837,771.0	8,903,156,473.450	16/09/2024 04:15 PM
KSE30	25,200.76	25,068.596	24,991.77	41.518	0.166	38,050,927.0	3,600,972,482.980	16/09/2024 04:15 PM
KMI30	127,052.44	126,271.769	126,098.35	825.811	0.658	38,156,300.0	2,437,048,214.390	16/09/2024 04:15 PM
KMIALLSHR	36,055.77	35,820.717	35,774.92	170.536	0.478	209,259,604.0	5,211,557,059.930	16/09/2024 04:15 PM
BKTi	19,205.20	19,090.151	18,982.75	-33.155	-0.173	1,563,127.0	235,877,426.250	16/09/2024 04:15 PM
OGTi	19,815.64	19,634.884	19,588.25	266.411	1.376	8,193,221.0	1,264,142,306.280	16/09/2024 04:15 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	58,890.0	58,995.0	57,665.0	905.00
BRENT CRUDE	EB	72.8	73.2	72.5	0.09
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	4.75
ROTTERDAM COAL MONTHLY	ET	114.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	70.4	70.8	70.0	0.26
SUGAR #11 WORLD	SB	19.5	19.7	19.5	-0.06